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Bulgaria

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Getting started with Bulgarian properties
Step by step Guide with Tips ...

  1. Do your research - Carry out as much research as possible , visit property exhibitions, buy books and magazines and look on the Internet . At the same time don’t take everything you read, see or hear as if it were etched in stone. Be willing to dig to confirm the facts behind whatever type of project you get involved with.

    *You might find informative our Buyers Guide ,get it for for Free - HERE or take a look at our Bulgaria research section HERE

  2. Think it through - Are you looking for a holiday home, an investment property, or somewhere to retire to? How much time are you planning to spend in your overseas property? Set your budget and try not to go over it! It is important to account for these additional costs from the outset. Having a clear strategy is a key to successful property hunting.

    * Find help with Sash Solutions independent advice HERE

  3. Choose the right property - make sure a careful due diligence is being performed on the background of the developer , the area and the investment potential. There is no time to be wasted on dodgy deals !

    *
    Check Sash Solutions investment properties selection HERE

  4. Reserve a property -Reserve a property to remove it from the market. Good practice suggests that a 7- day window be allowed. The deposit is fully REFUNDABLE and transferable to other properties of your wish. It simply secures the property to avoid disappointment.

  5. Check the contracts - you receive an initial contract of sale (similar to 'Sold subject to contract' in the UK). It is advisable to perform the standard checks using a reputable independent  Lawyer who checks:
      - Title documents
      - Licenses and permissions
      - Debts on title
      - Terms of contract.

  6. Arrange Viewing Trip -When visiting a property, ask as many questions as you can. Work through a checklist ,take some photos and always keep your strategy in mind. There is an awfully a lot of projects in Bulgaria such as golf courses, gondola lifts , etc that is being talked about , make sure and get a proof that those projects will happen, at least think what your property is worth if the project that is being advertised doesn't happen.

    *Tailor your Free viewing trip
    HERE

  7. Sign the preliminary contract

  8. Sign the Notary Act (Contract of purchase) in front of a Bulgarian Notary either in Bulgaria or at the Bulgarian embassy in London. Please note that the final Notary Act is not signed until the building is completed in the case of "off plan" developments.

  9. You are proud owner of Bulgarian property

  10. After sales support : Make sure you are not left alone to deal with issues on your own ! We from Sash Solutions put all efforts to help you with all your needs in Bulgaria - because we care for you ! Check our After sales section HERE

 

Have fun!
As long as you keep your wits with you, buying your place in the sun is a fantastic, rewarding adventure .


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